14 Sep, 2026
22 mins read

Furniture Stands Alone in Year-over-Year Decline as U.S. Retail Sales Shift Away From Big-Ticket Home Purchases

Furniture was reportedly the only major U.S. retail category to post a year-over-year decline in July 2026. Although store sales increased 0.3% from June, they remained approximately 2.7% below last year, highlighting continuing pressure from cautious consumers, weak housing-related demand and changing retail channels.

2 mins read

Global Furniture Alert: Major U.S. Chain Files for Bankruptcy & Closes Stores — How It Affects the Industry

In a major shake-up for the global furniture retail scene, American Signature Inc. — the parent company of Value City Furniture — has filed for Chapter 11 bankruptcy and announced the closure of more than 30 stores across the United States.

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